TAG Oil Ltd. (CVE:TAO – Get Free Report) shares were up 5.1% during mid-day trading on Thursday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 140,633 shares traded hands during trading, a decline of 37% from the average daily volume of 223,466 shares. The stock had previously closed at C$0.14.
TAG Oil Stock Performance
The company has a 50 day simple moving average of C$0.15. The stock has a market cap of C$26.84 million, a PE ratio of -2.90 and a beta of -0.05.
About TAG Oil
TAG Oil Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas in Canada, the Middle East, and North Africa. The company was formerly known as Durum Cons. Energy Corp. and changed its name to TAG Oil Ltd. in June 2002. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.
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